The 1,100 mark is a key support. As long as it holds, bullish investors should not be too worry.
However, the trend seems to be fading and some indicators are showing a potential reversal, after a wave of disappointing date coming from the United States, and with some uncertainties concerning sustained growth in China.

If the bears con take the lead and break the 1,100 support, we are likely to see an acceleration towards 1,190 points. The next key support would stand at 1,183-1,184 points.


To be continued...

noreply@blogger.com (L.C.)
http://trading-vision.blogspot.com/2010/08/s-500-futures-drops-towards-1100-points.html